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Description
The Board of Directors of The Colonnade Condominium in Northwest Washington, DC, seeks to partner with a General Manager who can support, promote, and grow its legacy of excellence.
The Colonnade is a 283-unit,14-story condominium built in 1966 as a luxury apartment building. It was converted into a condominium association in July, 1977. The building is a classic example of mid-century modern architecture, with exquisite interior common elements and lush, beautiful grounds that include front and back garden areas; trees and expansive greenspace; a fountain; and a gazebo area. It sits on a lot of approximately 7.5 acres, with the building covering about 2 acres.
Amenities include a 24/7 front desk; a grand, well-furnished lobby; an outdoor heated pool with cabanas and an upper deck area for events; grill facilities; a large, well-equipped fitness center; a sauna; a laundry room; an event room with a catering kitchen; a library; a committee meeting room; a card/TV room; valet parking for guests; and on-site hair salon and dry cleaner. Garage spaces and storage spaces are assigned to units as limited common elements.
The condominium’s volunteer leadership includes a nine-person Board of Directors and 14 active committees. Residents and owners enjoy a very high standard of living, supported by first-class service from condominium staff and contractors. Many owners have resided at the Colonnade for decades, a tribute to the community’s culture of a first-class living experience and pride of ownership.
The GM leads an experienced team of 18, including an assistant manager, operations manager, chief engineer, assistant engineer, maintenance personnel, front desk concierges, valets, in addition to contracted cleaning and security staff. A management company provides “financial-only” services.
The property is very well-maintained with a $9.3M annual budget. The condominium’s focus on maintaining robust reserves has allowed completion of multiple capital replacement projects over the last five years, including: a beautiful renovation of the lobby level and residents’ corridors; updated elevators; new fire alarm system; and replacement of most of the primary HVAC equipment in its substantial boiler room. Planned capital expenditures for the current year include replacement of the roof and related components; lighting replacements; pool bathroom and sauna renovations; window sealant replacement, and several other smaller projects.
The Colonnade offers a very competitive compensation package. The salary for this role will be determined during the hiring process based on the selected candidate's experience and expertise.
Requirements
The successful candidate will possess the following skills, personal characteristics, and knowledge:
- A high level of financial acumen to include a deep understanding of budgeting and financial operations and the ability to deliver analysis, create and maintain multi-year capital reserve cash flow scenarios and projections, and provide strategic management of reserves expenditures.
- Ability to promote and maintain a culture of service excellence.
- Significant level of working knowledge and experience in building systems infrastructure, preventive maintenance, construction, and all phases of the contracting process.
- Industry expertise and a knowledge of best practices with the ability to identify opportunities to employ them at the condominium, make recommendations to the Colonnade Board and committees, and communicate them with staff and unit owners.
- Deep awareness in underlying principles and understanding of governing documents, applicable law, and community association best practices, balanced with the ability to enforce covenants reasonably and effectively.
- Analytical thinking abilities with the skill to communicate recommendations, concepts, and complex issues.
- Ability to identify potential issues and opportunities, and proactively address them.
- Demonstrated leadership abilities; foster professional development of staff; achieve positive outcomes from contractors; and a command and effective handling of human resource matters.
- Excellent communication skills, both verbally and in writing.
- An understanding of current technologies used in the management of luxury condominiums, as well as the capacity to identify opportunities for enhancement or acquisition of new technologies.
Position requirements & preferences:
- Minimum of seven years of experience as an on-site manager, portfolio manager, or management company executive
- Professional designations as prescribed by CAMIBC/CAI including CMCA® or AMS®, with PCAM® preferred.
- High school diploma/GED, with college degree(s) preferred.
- High rise, luxury condominium management experience preferred.
- Hospitality management experience is a plus.
